The coronavirus pandemic has spurred the use of proptech by Chinese property companies. Photo: ReutersThe coronavirus pandemic has spurred the use of proptech by Chinese property companies. Photo: Reuters
The coronavirus pandemic has spurred the use of proptech by Chinese property companies. Photo: Reuters

Chinese real estate firms to increase proptech budget, bet on innovation to fight Covid-19, reduce costs: survey

  • Some 55 per cent of mainland firms are likely to raise their proptech budget between 10 and 30 per cent, from just 10 per cent in the previous JLL study
  • As more Chinese property companies allow greater collaboration, costs associated with building trust with technology firms will be lowered, says JLL executive

Topic |   Coronavirus China
The coronavirus pandemic has spurred the use of proptech by Chinese property companies. Photo: ReutersThe coronavirus pandemic has spurred the use of proptech by Chinese property companies. Photo: Reuters
The coronavirus pandemic has spurred the use of proptech by Chinese property companies. Photo: Reuters
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